I am infinitely grateful to Nelson Nash for introducing me to the Infinite Banking Concept®. It’s a very powerful concept that brings to the table Nelson’s life-long study of the Austrian School of Economics.
In this article, I described what Nelson got right about this concept, and my own life-changing experience of how it lets you “Become Your Own Banker.”
However, here are several things in his ground-breaking book that I take issue with, and that have caused unnecessary confusion for readers…
1. His first book, Becoming Your Own Banker®, was copyrighted in 2000.
[Read more…] “What Infinite Banking and Nelson Nash Missed”
My introduction to Nelson Nash and the Infinite Banking Concept® was a major turning point in my life.
Up until then, I was a business-building consultant to financial advisors. The advisors I coached were always bringing financial products and strategies to my attention, and over the last 25 years, I’ve investigated more than 450 of them.
Unfortunately, most turned out not to be worth the paper they were printed on.
Finally, one financial advisor asked me if I had ever heard of Nelson Nash, and the book he wrote, Becoming Your Own Banker: The Infinite Banking Concept.
I had not, but it sounded very intriguing, so I called and talked to Nelson and ordered a copy of his book. [Read more…] “What Nelson Nash and Infinite Banking Got Right”